Coupon cutter



Mar. 6, 1923. 1,447,247 w. G. HILSDORF COUPON CUTTER Filed July 1o, 1920WILLIAM G. HILSDRF, OF BROOKLYN, NEW YORK, ASSIGNQR/ TO JOHN H.' WLTERS,

0F BROOKLYN, NEW YORK.

coUroN corran.

To all wh om it may concer/1,:

Be it known that I, WILLIAM G. HILsDoRF, a citizen of the United.States, and a resident of the borough of Brooklyn, in the city of NewYork, county of Kings, and State of New York, have invented certain newand useful Improvements in Coupon Cutters, of

which the following is a specification.

My invention relates to a machine for cutting coupons and an objectthereof is the provision of a machine which may be-either power-operatedor operated by hand, which 1s adapted to cut a coupon from a pluralityof bonds or the like simultaneously thereby enabling coupons to be cutmuch more rapidly than is now possible, the present practice being tocut the'coupons with a pair of scissors or the like.

In the accompanying drawingswherein I have illustrated an embodiment ofmy invention,-

Fig. 1 shows my front elevation;

Fi 2 is a section taken on the line 2-2 ofdFlg. 1 y,in the direction ofthe arrows; an

improved machine in -F igs. 1 and 2, showing the means which have beenprovided for adjusting the stationary knife employed in my machine.

Referring to the drawings in detail, 1 designates a base made of wood orother suitable material, this base constituting a receptacle for couponsafter cutting, being provided with a drawer 2 for receiving the coupons.It will be understood, of course, that if desired the coupons aftercutting may 4be allowed to drop u'pon the table or other support uponwhich the base 1 is mounted and in this event the drawer 2lwouldV not benecessary. f

The base 1 is provided with an opening 3 and two sides of this opening,to wit:- the sides 4 and 5 are provided' with a stationary knife 6, thecutting edges 7 and 8 of which are disposed at right angles to eachother. This knife may be made in two pieces ifdesired but 'has beenillustrated as being made in one piece. It is secured in place in thebase 1 by means of a series of screws 9 which screws pass through alaterally extending fla-nge 10 on the knife through slotsl 11 in thisflange. These slots, as will be apparent from the drawings, are at rightangles to the front of the base 1 and together with Fig. 3 a plan viewof the apparatus of the screws 9 are provided for the purpose ofpermitting adjustment of the knife 6. This adjustment of the knife isobtained by operation of an adjuStingsCrew or other device ].2 extendingthrough the front face of the base 1, its'rear end engaging the knife sothat when the screws 9 are loosened the screw 12 may be operated tocause the knife to be bodily moved in a directionaway from the frontface of the base 1. To facilitate proper movement of the knife 6 guides13 have been provided. 'After the knife has been adjusted the screws 9are set up and the knife will be maintained thereby in position. Thebase 1 carries a standard 14 extending vertically'from the base and inthis videdv with cutting faces 18 and 19 at right l angles to eachother, these cutting faces being adapted to cooperate with the cuttingfaces 7 and 8 of the knife. The upper ends ofthe guides 16 projectthrough the upper ends of the guideways 15 to be engaged by the surfaceofa rotatable cam 20, this cam being mounted in eccentric bearings 21carried in 'the standard 14, the cam being rotated by means of a handle22 las shown in the drawings but it is to be understood that if desiredthe cam may be rotated by powerdriven mechanism. A coil spring 23 hasits lower end" secured to thc knife 17I and its upper end secured to thestandard 14, this spring being provided for the purpose of retractingthe knife 17 out of cutting position when the machine vis in operation.

24 designates a number of bonds, for example, from which it is desiredto cut the coupons 25. The bonds are moved into the position shown inthe drawings and the andle 22 is then operated tocause the cam 2O torotate in its eccentric bearings 21, this movement of the cam causingthe guides 16 to be moved downwardly carrying with them the knife 17thereby bringing the cutting edges 18 and 19 of this knife intooperative site direction, carrying with it' the cam 20 and the knife 17is withdrawn to its initial or inoperative position by the spring 2B.The knife 6 and the cutting portions of the knife 17 may be removed forsharpening at any time that it may be desired and in order to compensatefor the wear on the cutting edges 7 and 8 of the knife 6 I have providedthe adjustment of this'knife already referred to and it will beunderstood that by providing this adjustment the two knives, to wit:knives 6 and 17, may always be adjusted to bring them into cutting orshearing relation. l

What I claim is:

1. A coupon-cutter comprising in combination a base constituting areceptacle for cut coupons, a knife adjustably supported by said baseand bod-ily movable thereon for adjustment, said knife having twocutting faces or edges at an angle to each other, a standard mounted onsaid base, a second knife having two cutting edges or faces at rightangles to each other, `said lastnamed knife being supported by saidstandard, guideways for said last-named knife in said standard, a camfor causing the last-named knife to move into position relative to theknife first mentioned to cut a coupon, and a spring placed undertensionby this movement of the knife to return the knife to its initialposition.

2. A coupon-cutter comprising in combination a base, a knife mounted insaid base and having two cutting edges disposed at right angles to eachother, a standard carried by said base, guideways therein, guides insaid guideways, a knife having two cutting edges at right angles to eachother carried by said guides, a rotatable cam mounted in said standardand engaging said guides, means for rotating said cam, said cam whenrotating moving said' guides downwardly to move the knife carriedthereby into operative position relatively to the firstmentioned knifeto cut a coupon, a drawer below the upper surface of the base forreceiving the coupons so cut, and a spring, one

' end of which is secured to the knife carried May, 1920.

WLLIAM G. HILSDORF.

